Paisa Planner

Retirement Planning Calculator

Retirement is the only financial goal for which you cannot get a loan. You must build your own corpus to sustain yourself when your active income stops. Use this calculator to estimate the exact corpus you need to retire, factoring in inflation and post-retirement returns.

Personal Details
30 Years
60 Years
85 Years
₹
₹
Assumptions
6%
12%
7%

Required Retirement Corpus

₹7,64,27,465

To sustain ₹287k/month from Age 60 to 85

Years to Retire

30 Yrs

Years in Retirement

25 Yrs

Gap Analysis
Required Corpus₹7,64,27,465
Projected from Current Savings₹1,49,79,961
Corpus Shortfall₹6,14,47,503

Action Required: Monthly SIP Needed

₹17,582

Invest this amount every month until age 60 to bridge your shortfall.

The Impact of Inflation

If your monthly expenses are ₹50,000 today, at 6% inflation, they will be over ₹1.6 Lakhs in 20 years. This calculator automatically projects your current expenses into the future so your retirement target is realistic.

Real Rate of Return

Once you retire, you will likely shift your corpus into safer, debt-oriented instruments (like FDs, SCSS, or Annuities) which yield lower returns. Because inflation continues during your retirement, the "Real Return" (Return - Inflation) determines how fast your corpus depletes. This calculator uses the Present Value of a Growing Annuity formula to ensure your money lasts your entire life expectancy.

Frequently Asked Questions

How much should I have saved for retirement?

There is no fixed number—it depends entirely on your current lifestyle, expected retirement age, and inflation. A common rule of thumb is to aim for 25x to 30x your annual expenses, but using a calculator gives you a mathematically precise target.

What returns should I assume?

For your pre-retirement accumulation phase (if you are investing in equity/mutual funds), assuming 10% to 12% is realistic. For your post-retirement phase (when capital preservation is key), assuming 7% to 8% is safer.

What if my required monthly investment is too high?

If the SIP required to hit your goal is too high, you can: 1) Plan to retire a few years later, 2) Reduce your expected retirement expenses, or 3) Accept a slightly higher risk in your portfolio to boost pre-retirement returns.